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Get to know Business Development Corporation of SC

Founded in 1958 by the South Carolina General Assembly, the Business Development Corporation (BDC) is a private, non-governmental corporation that assists in the promotion and advancement of businesses and industries throughout the state. It is a Certified Development Company (CDC) authorized by the U.S. Small Business Administration (SBA), specializing in administering the SBA 504 Loan Program. The BDC's mission is to encourage economic growth and create job opportunities by partnering with banks and other lenders to provide long-term, fixed-rate financing to healthy, growing businesses that may not qualify for conventional loans alone.

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Business Development Corporation of SC

Name: Business Development Corporation of SC
Address: 1426 Main Street, Suite 300, Columbia, SC 29201, US
Telephone: (803) 798-4064

United States

Founded in

1958 (68 Years)

Founded

Last online: No recent activity

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.